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Report summary

On 18 March 2015, Whitecap Resources Inc. announced it will acquire Beaumont Energy Inc. for Cdn$587.5 million (US$460 million). The acquisition adds to Whitecap's sizable core position in the Viking (Kerrobert) area of west central Saskatchewan and falls in line with it's strategy of acquiring high netback, low decline sustainable assets with development upside. For Beaumont, the sale caps two years of strong growth which has seen production go from 700 boe/d to 5,100 boe/d.

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